Temenos (OTCMKTS:TMNSF) Shares Down 9.1% - Here's Why

Temenos AG (OTCMKTS:TMNSF - Get Free Report) shares dropped 9.1% during mid-day trading on Tuesday . The stock traded as low as $76.90 and last traded at $77.31. Approximately 426 shares changed hands during trading, an increase of 165% from the average daily volume of 161 shares. The stock had previously closed at $85.10.

Temenos Stock Down 9.1 %

The firm has a fifty day simple moving average of $80.24 and a 200 day simple moving average of $75.73.

About Temenos

Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. Its Temenos Banking Cloud helps banks to offer open banking services. The company provides Temenos Infinity, a digital banking platform; Temenos Transact, a core banking software for retail, corporate, treasury, wealth, and payments; Temenos Payments, a software-as-a-service payments technology; Temenos Multifonds, a platform for traditional and alternative funds, as well as offers key asset servicing, position keeping, valuation and accounting functions for various structures of pooled vehicles and funds; Temenos Multifonds Navigator, a net asset value shadow, oversight, and contingency solution; and Temenos Quantum, a multi-experience development platform.